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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE8 2XHHouse Prices / North East, Gateshead, Elysium Lane
Last updated May 2026
Key Postcode Insights
NE8 2XH is a residential postcode situated on Elysium Lane, Gateshead, NE8 with 4 addresses.
It ranks as the 162nd largest and 358th most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
4
Properties
- Houses
- Flats
Key Postcode Insights
NE8 2XH is a residential postcode situated on Elysium Lane, Gateshead, NE8 with 4 addresses.
It ranks as the 162nd largest and 358th most expensive of the 1,009 postcodes in the NE8 area.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
4
Properties
- Houses
- Flats
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House Pricesin NE8 2XH
Sale prices range from £62,947 for 1 bedroom Leasehold flats (441 ft2) to £119,937 for 3 bedroom freehold houses with a garden (753 ft2) .
Monthly rental prices range from £604 pcm for 1 bed flats to £1,129 pcm for 3 bed houses.
The gross rental yield is between 11.2% and 11.5%.
The average value per square foot is £163.
Average Sale Value
£101,098
Average Rental Value
£952 pcm
Average Rental Yield
11.3% /year
Average Value Per Sqft
£163 /ft2
Sales Market Trendsin NE8 2XH
The last sale in NE8 2XH sold for £107,500 on 7th February 2022. Since then prices are up an average of 10.6%.
The current average value in the postcode is £101,098.
The NE8 2XH Sales Market has increased by 23.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £101,098 |
| April 2025 | 0.4% | £99,545 |
| April 2024 | 1% | £99,141 |
| April 2023 | 5.5% | £98,126 |
| April 2022 | 5.7% | £93,015 |
| April 2021 | 3.4% | £87,978 |
| April 2020 | 0.7% | £85,076 |
| April 2019 | -0.5% | £84,519 |
| April 2018 | 3% | £84,916 |
| April 2017 | 1% | £82,451 |
| April 2016 | -0.1% | £81,634 |
| April 2015 | 1% | £81,724 |
| April 2014 | 1.6% | £80,904 |
| April 2013 | 1.5% | £79,660 |
| April 2012 | -0.3% | £78,521 |
| April 2011 | -6.7% | £78,759 |
| April 2010 | 1.8% | £84,372 |
| April 2009 | -14% | £82,909 |
| April 2008 | 0.8% | £96,351 |
| April 2007 | 0% | £95,593 |
Rental Market Trendsin NE8 2XH
The current average rental value in the postcode is £952.
The NE8 2XH Rental Market has increased by 54.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £952pcm |
| April 2025 | 4.4% | £919pcm |
| April 2024 | 9.1% | £880pcm |
| April 2023 | 10% | £807pcm |
| April 2022 | 11.7% | £733pcm |
| April 2021 | 2.3% | £657pcm |
| April 2020 | 2.4% | £642pcm |
| April 2019 | -0.1% | £627pcm |
| April 2018 | -0.2% | £628pcm |
| April 2017 | 1.8% | £629pcm |
| April 2016 | 1.1% | £618pcm |
| April 2015 | 1.1% | £611pcm |
| April 2014 | 1.5% | £604pcm |
| April 2013 | 0.5% | £595pcm |
| April 2012 | -1% | £593pcm |
| April 2011 | 1.5% | £599pcm |
| April 2010 | -1.3% | £590pcm |
| April 2009 | -3.3% | £598pcm |
| April 2008 | 3.2% | £618pcm |
| April 2007 | 0% | £599pcm |
Explore Buildingsin NE8 2XH, Elysium Lane, Gateshead, NE8
Sales Historyin NE8 2XH
The last sale was on 7th February 2022 for £107,500 and since then the market in the area has increased by 10.6%. The postcode has had a total of 3 sales since 1995.
NE8 2XH has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NE8 2XH
NE8 2XH is the 162nd largest and the 358th most expensive postcode out of the 1,009 postcodes in the NE8 area.
- 46 mNE8 2XJ, Adler Close, Gateshead, NE8NE8 2XJ12 Addresses
- 69 mNE8 2XL, Elysium Lane, Gateshead, NE8NE8 2XL2 Addresses
- 119 mNE8 2YL, Temple Green, Gateshead, NE8NE8 2YL32 Addresses
- 120 mNE8 2US, First Street, Gateshead, NE8NE8 2US6 Addresses
- 121 mNE8 2XP, Alston Street, Gateshead, NE8NE8 2XP7 Addresses
- 136 mNE8 2XB, Sidney Grove, Gateshead, NE8NE8 2XB5 Addresses
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Property Typesin NE8 2XH
- 4 other addresses of unknown type
- Unknown (4)
Energy Efficiencyof properties in NE8 2XH
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Saleson Elysium Lane
Schools Nearbyto NE8 2XH
The nearest primary school to NE8 2XH is Brighton Avenue Primary School which is 276 metres away.
- 276mBrighton Avenue Primary School
- 286mSt Aidan's Church of England Primary School
- 606mCorpus Christi Catholic Primary School, Gateshead
The nearest secondary school is North East Futures UTC which is 1.6 kilometres away.
- 1.6kmNorth East Futures UTC
- 2.2kmKingsmeadow Community School
- 2.7kmGrace College
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Public Transport Nearbyto NE8 2XH
The closest station to NE8 2XH is Dunston station which is 1.4 kilometres away.
- 1.4kmDunston
- 1.8kmNewcastle
- 2.5kmManors
- 3.1kmMetroCentre